Financial Advocates Investment Management Sells 2,252 Shares of iShares S&P Mid-Cap 400 Value ETF $IJJ

Financial Advocates Investment Management reduced its position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 18.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,992 shares of the company’s stock after selling 2,252 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Columbia Bank grew its position in shares of iShares S&P Mid-Cap 400 Value ETF by 36.4% during the 2nd quarter. Columbia Bank now owns 17,838 shares of the company’s stock worth $2,271,000 after buying an additional 4,764 shares during the period. Laurel Wealth Advisors LLC boosted its stake in iShares S&P Mid-Cap 400 Value ETF by 12,258.0% in the second quarter. Laurel Wealth Advisors LLC now owns 179,686 shares of the company’s stock valued at $22,206,000 after acquiring an additional 178,232 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the 2nd quarter worth $821,000. Cozad Asset Management Inc. raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 15.5% during the 2nd quarter. Cozad Asset Management Inc. now owns 21,706 shares of the company’s stock valued at $2,682,000 after acquiring an additional 2,908 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 62.9% in the 2nd quarter. Franklin Resources Inc. now owns 14,760 shares of the company’s stock valued at $1,824,000 after purchasing an additional 5,701 shares during the period. 66.95% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Value ETF Stock Up 1.9%

Shares of iShares S&P Mid-Cap 400 Value ETF stock opened at $130.75 on Wednesday. The business has a fifty day simple moving average of $128.82 and a 200 day simple moving average of $126.49. The stock has a market cap of $7.92 billion, a PE ratio of 16.13 and a beta of 1.05. iShares S&P Mid-Cap 400 Value ETF has a 12 month low of $102.24 and a 12 month high of $136.17.

iShares S&P Mid-Cap 400 Value ETF Company Profile

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics.